now its the time to sell, page-3

"People are greedy now. I think its time to sell?"

Really, why do you say so? Because the price of the stock has moved from 26 to 31??
I guess it all depends on the time horizon on how long one wants to hold for - this bank is much much better positioned than the others and rightly deserves attention to it (or the flock being attracted to it) for its position.
I agree,the world is not rosy at this *point* in time, but some businesses are better placed than others - the CBA is one of them.


**You can also take Goldman Sachs (NYSE: GS) as a classic example. The stock price is nearly $100 again, yes well down from its $180 high - but risen dramatically recently from irrational selling - it does not mean greed is present. GS is just better positioned than others both financially and operationally.

Again, all depends on ones time period and holding period.